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Prospect News home > News index > List of issuers Tenders > Headlines for 2014 > News item
Published on 11/18/2014 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Borgestad exercises call option on 10% senior unsecured callable bond

By Tali Rackner

Norfolk, Va., Nov. 18 – Borgestad ASA is exercising the call option on its 10% senior unsecured callable bond due 2015, according to a notice from trustee Nordic Trustee ASA.

The bond will be repaid in full at 101 plus accrued interest on Dec. 22.

Borgestad is a shipping, industry and real estate company based in Skien, Norway.


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